Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.
In the latest episode of "The Freight Caviar Podcast", we sit down with Charley Dehoney, CEO & Co-Founder of Upwell. He discusses his early experiences at Worldwide Express and GlobalTranz, and why he believes industry consolidation is on the horizon.
FMCSA releases video for drivers to get back CDLs, Trump names commerce secretary, and more.
Here's how recent carrier exits and volume trends in the freight market are signaling growth and rate recovery. Experts share their insights.
A post from Ash M., Account Exec at Trucker Tools, highlights a 205 net loss of MCs last week, a small sign of relief for the overstretched freight market.
DAT's Chief of Analytics, Ken Adamo, also shared his insights on capacity exits, commenting, "We've net lost nearly 36k interstate motor carrier authorities since October of 2022, and that number is still growing."
Alongside these exits, volume trends are stabilizing, matching 2023 levels and hinting at potential growth. However, tender rejections remain low, and diesel prices, though high, show a gradual decline. Equipment-specific insights reveal nuanced market behaviors:
Sources: Ken Adamo/LinkedIn | Ash M./LinkedIn
Freight markets show slow recovery signs, but challenges persist. Dive into the latest tonnage, load-to-truck ratios, and order data shaping the trucking industry.
Fed Chair Jerome Powell hints at imminent interest rate cuts to support the labor market. Markets react positively as September meeting looms.
ACT Research lowers 2025 truck forecasts as inventory hits record levels. FTR reports July Class 8 orders below expectations, signaling market shifts.
We're breaking down the ten van, reefer, and flatbed lanes with the biggest year-over-year spot rate changes in June. Here's what you need to know.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
